The total amount of borrowings amounted to 63.24 billion rubles, and the total amount of claims amounted to 323.13 billion rubles.
As reported by the Ministry of Finance, securities worth 46.471 billion rubles were sold at the auction for the placement of OFZ-PK issue No. 29025 with maturity on August 12, 2037. The auction proceeds amounted to 45.925 billion rubles.
At the auction for the placement of OFZ-PD issue No. 26247 with maturity on May 11, 2039, securities for a total amount of 16.775 billion rubles were sold. The auction proceeds amounted to 14.347 billion rubles. The yield on the issue was 15.8% per annum. If we take “long” OFZs with a constant yield, it can be called the maximum in the entire history of statistics – since 2015.
Prior to this, successful placement of OFZ-PD also took place on June 26 and later on July 10. At the same time, there were no auctions on July 17 and 24 due to “lack of applications at acceptable levels.”
In total, in 2024, the Ministry of Finance intends to attract 2.63 trillion rubles to the domestic market through the sale of government bonds. As follows from the department’s comments, priority will be given to “long” OFZs with a constant yield. The ministry explained this by the cumulative schedule of payments on public debt and the need to limit the risk of increasing costs of servicing it.
